Scholars examine bank and cryptocurrency regulation and assess potential risks to financial stability and resilience.
Federal banking regulators recently proposed rules to implement the Basel III Endgame framework. Global banking regulators developed the Basel III framework after the 2008 financial crisis to strengthen bank regulation, supervision, and risk management through a set of international standards. The final set of rules to implement the framework has been dubbed “Basel III Endgame.”
Although regulators originally planned to finalize and implement the Basel III accord by the beginning of 2023, countries have repeatedly delayed implementation while tailoring the framework to national interests and as banks and policymakers around the world increasingly embrace a more deregulatory approach.
The updated proposal follows a 2023 proposal from the Biden Administration that…
